Faridabad/Alive News: With the vision to become a leading hub for innovation and entrepreneurship in Haryana, J.C. Bose University of Science and Technology, YMCA, Faridabad, intensifying its efforts to benchmark the most successful incubators and exploring innovative financing strategies. This strategic exercise will strengthen the University’s Technology Business Incubator (JCB-TBI), equipping student and alumni entrepreneurs with critical resources, expert guidance, and tailored seed funding to successfully launch and scale impactful ventures. At present, the University Incubator is supporting 24 startups.
These developments were highlighted during the eighth meeting of the University’s IPR, Innovation and Incubation/Start-up Division (IIIS), chaired by Vice-Chancellor Prof. Rajive Kumar. The session featured distinguished participants, including Mr. Dipan Sahu, Assistant Innovation Director, Ministry of Education; Mr. Anmol Chaturvedi, Manager–Incubation, IIT Delhi; and senior university leaders such as Prof. Atul Mishra (Dean Academic Affairs), Prof. Manisha Garg (Director, Research & Development), Prof. Munish Vashisht (Dean, Institutions), Prof. Komal Kumar Bhatia (Controller of Finance), Prof. Anuradha Sharma, and Dr. Rajeev Kumar Saha.
The meeting, coordinated by Prof. Sanjeev Goyal, Incharge Incubation, deliberated on various funding proposals aimed at strengthening the innovation capabilities of student and alumni-led ventures. The committee reviewed several promising ventures, including Aspirant Adda (a platform for competitive exam aspirants), Yasya Biosciences Pvt. Ltd., and student-driven projects like Subh Technology (digital marketing and web solutions) and the innovative Time Table Generation System. Incubation opportunities were also evaluated for new applicants, including The Boom Box Club, Lobra Hansetu, and additional initiatives, with in-depth deliberations on equity models, resource distribution, and long-term sustainability.Insights shared by representatives from the Ministry of Education and IIT Delhi on proven incubation best practices and effective funding models greatly enriched the strategic conversations.
While specific funding amounts, detailed mechanisms, and equity terms are presently under thorough evaluation dependent on resource availability and full compliance with institutional policies the University Committee is actively finalizing these modalities in collaboration with all relevant stakeholders, in strict alignment with the University’s Startup and Seed Investment Policy.
